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...future of Swiss banking secrecy, long a bone of contention among Switzerland, the U.S. and the European Union, also looks to come through this scandal unscathed. In a recent SBA poll, 91% of respondents favored the protection of their privacy in financial matters. "It's an expression of mutual trust between the Swiss state and its citizens," SBA's Nason says. "The government is able to secure its tax revenues without having to trample on privacy by demanding an automatic right of forced entry into bank accounts. The Swiss take great pride in this arrangement and reward it with...

Author: /time Magazine | Title: U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts | 7/15/2009 | See Source »

...Chevrolet Equinox and GMC Terrain are aimed at the broad midmarket where motorists move among sedans, minivans and SUVs. The crossover segment, where vehicles are lighter and more fuel-efficient than traditional SUVs and not as dowdy as minivans, has grown in recent years, but the previous version of Equinox underperformed against Toyota's Highlander, Honda's Pilot and Mazda's CX9. The 2010 Equinox has a better, functional interior, more power and significantly better ride and handling than the old version, but it is an open question whether the improvements are enough to motivate motorists to trade in their...

Author: /time Magazine | Title: Can GM's New Models Woo Back Buyers? | 7/15/2009 | See Source »

...Chairman of News International, James Murdoch, summarized recent newspaper figures in a speech for a company. Due to the current state of the industry, Mr Murdoch was naturally bound to deliver a depressing series facts. “There’s a lot of positive news too,” he encouraged, “but we’re going to focus on the negative, in order to improve...

Author: By Olivia M. Goldhill | Title: Don’t Look on the Bright Side | 7/14/2009 | See Source »

...entire academic programs. One result: the Christa A. Overcash Associate Degree Nursing Program. The program works mainly off the interest from the former nurse's initial $500,000 investment. Sponsors "don't get that involved" in shaping the curriculum, says Zeiss, because "we have our own accrediting standards." In recent months, Zeiss has announced other joint ventures with local companies. The results: Introduction to Motorsports Pit Crews, Pit Crew U and the Cox Schepp Construction Academy. So far, the San Francisco proposal doesn't appear to have generated serious corporate interest...

Author: /time Magazine | Title: Can Corporate Funding Save Endangered College Classes? | 7/14/2009 | See Source »

...Jewish-American establishment as Foxman and Malcolm Hoenlein, executive vice chairman of the Conference of Presidents of Major American Jewish Organizations. Following the President's Cairo outreach speech in June, Hoenlein had said publicly that "President Obama's strongest supporters among Jewish leaders are deeply troubled by his recent Middle East initiatives, and some are questioning what he really believes...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

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